This is the higher timeframe resistance I am talking about formed by several factors such as $7700 previous low, the body of the spinning top candle that was a reverse point before, 38.2% Fibonacci and many more…
https://www.tradingview.com/x/3LT87Sbs
https://www.tradingview.com/x/3LT87Sbs
Bitcoin can go in either directions.
https://www.tradingview.com/x/NiMZsPLY
Honestly speaking, I really don’t have a strong argument to base my direction on.
Currently, I am not in a position and I don’t have the setup.
I want to see the initial move from this are and then look for trade setup because currently, it is an even battle.
No volume at all, it is very hard to see who is the leading group in the market.
Yeah, Bitcoin is sitting on support, but you don’t want to see price 3 days at the same support literally doing nothing.
The more it sits there, the more bearish I will become.
I would ideally like to see a move up to $7600-7700 that will show weakness and then get nice short position targeting below $7000.
That’s the only setup I have.
https://www.tradingview.com/x/NiMZsPLY
Honestly speaking, I really don’t have a strong argument to base my direction on.
Currently, I am not in a position and I don’t have the setup.
I want to see the initial move from this are and then look for trade setup because currently, it is an even battle.
No volume at all, it is very hard to see who is the leading group in the market.
Yeah, Bitcoin is sitting on support, but you don’t want to see price 3 days at the same support literally doing nothing.
The more it sits there, the more bearish I will become.
I would ideally like to see a move up to $7600-7700 that will show weakness and then get nice short position targeting below $7000.
That’s the only setup I have.
Crypto Signals via @vote
Where is Bitcoin heading next?
anonymous poll
Back below $7000 – 129
👍👍👍👍👍👍👍 51%
Who knows… – 68
👍👍👍👍 27%
Up to $7700 – 58
👍👍👍 23%
👥 255 people voted so far.
anonymous poll
Back below $7000 – 129
👍👍👍👍👍👍👍 51%
Who knows… – 68
👍👍👍👍 27%
Up to $7700 – 58
👍👍👍 23%
👥 255 people voted so far.
Bearish daily close and it went down!
You were right in the vote because the majority voted for downside move 👏
https://www.tradingview.com/x/acnc07F3
You were right in the vote because the majority voted for downside move 👏
https://www.tradingview.com/x/acnc07F3
Bitcoin went 8% up, bulls in control?
https://www.tradingview.com/x/ogkMG04h
While I see people starting to call bullish market again, I find this move a perfect bearish trap that will lead to the new lows in upcoming days (7-14).
I mentioned above in the channel that perfect bearish scenario is a spike to $7600-7700 which just happened.
So unless we see some continuation and H4 or DAily close above $7800, this is extremely bearish and move below $7000 is inevitable in my opinion.
https://www.tradingview.com/x/ogkMG04h
While I see people starting to call bullish market again, I find this move a perfect bearish trap that will lead to the new lows in upcoming days (7-14).
I mentioned above in the channel that perfect bearish scenario is a spike to $7600-7700 which just happened.
So unless we see some continuation and H4 or DAily close above $7800, this is extremely bearish and move below $7000 is inevitable in my opinion.
https://www.tradingview.com/x/OcwYDd45
Nothing to say, it went down as expected but I didn’t expect this to happen on the same day.
This drop is the most bullish thing that could happen for Bitcoin if we go back above $7300 and close daily there.
This is a very tricky situation at the moment.
Yeah, if it closes at the current price, it’s bearish without any doubt but if we go back above $7300 (perfectly $7400) it will invalidate today's move up that was bearish sign and situation will become uncertain because we will have squeezes in both directions without stop loss orders to fuel neither move up nor move down.
This is a little bit more complex and you need to understand market structure a little bit deeper but to sum it up daily close below $7250 and this will stay bearish.
The daily close above $7300 and we will have an even battle between bulls and bears.
Nothing to say, it went down as expected but I didn’t expect this to happen on the same day.
This drop is the most bullish thing that could happen for Bitcoin if we go back above $7300 and close daily there.
This is a very tricky situation at the moment.
Yeah, if it closes at the current price, it’s bearish without any doubt but if we go back above $7300 (perfectly $7400) it will invalidate today's move up that was bearish sign and situation will become uncertain because we will have squeezes in both directions without stop loss orders to fuel neither move up nor move down.
This is a little bit more complex and you need to understand market structure a little bit deeper but to sum it up daily close below $7250 and this will stay bearish.
The daily close above $7300 and we will have an even battle between bulls and bears.
Bitcoin in the safe zone
https://www.tradingview.com/x/o8UpF0QN
Yesterday I nailed Bitcoin price action by calling drop after a move up and then when everyone expected the price to capitulate after falling below $7100, I called a move up that actually happened.
At this moment, I would wait for the right setup because I don’t see some big bullish nor bearish pressure in the market for the next 24-36 hours.
I think the market needs some time to swallow yesterday’s squeezes.
I am looking towards a weekly close and potential direction it will give us.
So far, higher time frames are still bearish but not as bearish as they would be if we didn’t get yesterday’s move down.
Let’s give market some time to show us the direction.
https://www.tradingview.com/x/o8UpF0QN
Yesterday I nailed Bitcoin price action by calling drop after a move up and then when everyone expected the price to capitulate after falling below $7100, I called a move up that actually happened.
At this moment, I would wait for the right setup because I don’t see some big bullish nor bearish pressure in the market for the next 24-36 hours.
I think the market needs some time to swallow yesterday’s squeezes.
I am looking towards a weekly close and potential direction it will give us.
So far, higher time frames are still bearish but not as bearish as they would be if we didn’t get yesterday’s move down.
Let’s give market some time to show us the direction.
https://www.tradingview.com/x/VLEmDTzN
Bitcoin is getting interesting again.
Currently it is still in the range but approaching lower band of that range and I am looking for market reaction.
If it losses that support, we can see price going back down to test previous low ($6500).
With all those spikes to the upside, it’s still more bearish than bullish.
Bitcoin is getting interesting again.
Currently it is still in the range but approaching lower band of that range and I am looking for market reaction.
If it losses that support, we can see price going back down to test previous low ($6500).
With all those spikes to the upside, it’s still more bearish than bullish.
Crypto Signals
Ethereum to $100? https://www.tradingview.com/x/IwGpIDqE As we can see, the long term trend line established at the beginning of this year was broken on all the important time frames (weekly and daily). We saw many tests of that area but every one of them…
Support turned into the resistance…
https://www.tradingview.com/x/hOOjQEAW
Ethereum is in big trouble if you ask me and as long as we are below this red area, the target is $100.
Nothing more to add here.
https://www.tradingview.com/x/hOOjQEAW
Ethereum is in big trouble if you ask me and as long as we are below this red area, the target is $100.
Nothing more to add here.
LTC/BTC pair is showing clear signs of weakness and we can easily see a continuation of this downward momentum.
https://prnt.sc/qb75np
The only bullish scenario for LTC/BTC pair is if it closes back above the lower red area.
Then I will be looking to buy it.
Without that closure, this can go really deep.
https://prnt.sc/qb75np
The only bullish scenario for LTC/BTC pair is if it closes back above the lower red area.
Then I will be looking to buy it.
Without that closure, this can go really deep.
Lightshot
Screenshot
Captured with Lightshot
Bitcoin downtrend finally over?b
https://www.tradingview.com/x/OPiGJBfv
Looking at the current price action, this looks perfect for bulls and I think the bottom has been reached.
The previous low has been take, huge bullish engulfing on daily time frame.
Looking fundamentally, there are a lot of people that were waiting for $5800 to buy Bitcoin.
They are all now buyers at higher prices, which adds fuel to the current move.
https://www.tradingview.com/x/OPiGJBfv
Looking at the current price action, this looks perfect for bulls and I think the bottom has been reached.
The previous low has been take, huge bullish engulfing on daily time frame.
Looking fundamentally, there are a lot of people that were waiting for $5800 to buy Bitcoin.
They are all now buyers at higher prices, which adds fuel to the current move.
Crypto Signals
Ethereum to $100? https://www.tradingview.com/x/IwGpIDqE As we can see, the long term trend line established at the beginning of this year was broken on all the important time frames (weekly and daily). We saw many tests of that area but every one of them…
Do you remember this post?
It seemed too pessimistic but price dropped all the way down to $115.
Get ready to fill up your bags because ETH has huge room for growth and offers great investment/trade opportunity.
It’s finally accumulation time for upcoming bull season 🚀🚀🚀
It seemed too pessimistic but price dropped all the way down to $115.
Get ready to fill up your bags because ETH has huge room for growth and offers great investment/trade opportunity.
It’s finally accumulation time for upcoming bull season 🚀🚀🚀
Tomorrow I’ll be going through altcoin market bringing you profitable setups I find.
If you found some interesting coins, send me to @CryptoSignalsAdmin so I can take a look and share my opinion.
If you found some interesting coins, send me to @CryptoSignalsAdmin so I can take a look and share my opinion.
TEZOS is in an obvious uptrend and I would look only for buy opportunities.
Two areas where buyers may step in area 1900-2000 sats support area built based on the previous high that is also an important psychological level.
Because of increasing selling pressure, I am not sure if that one will hold and I wouldn’t go nosedive into that trade.
Firstly I would like to see price testing it and bullish rejections in the form of wicks or bullish engulfing candles.
The second buy area is the golden ratio on 1500 sats.
I will keep you updated on this one!
Two areas where buyers may step in area 1900-2000 sats support area built based on the previous high that is also an important psychological level.
Because of increasing selling pressure, I am not sure if that one will hold and I wouldn’t go nosedive into that trade.
Firstly I would like to see price testing it and bullish rejections in the form of wicks or bullish engulfing candles.
The second buy area is the golden ratio on 1500 sats.
I will keep you updated on this one!
BNB is currently sitting at its support but I am not going to buy it.
The entire higher time direction and this test of support give me enough confluence to stay away from this buy trade.
What you want to see when the price is testing support is an instant bounce.
In my opinion, BNB is ready for a 20-30% drop in the upcoming days/weeks.
Buy scenario only if the trend line gets reclaimed.
The entire higher time direction and this test of support give me enough confluence to stay away from this buy trade.
What you want to see when the price is testing support is an instant bounce.
In my opinion, BNB is ready for a 20-30% drop in the upcoming days/weeks.
Buy scenario only if the trend line gets reclaimed.
XRPBTC still in a clear downtrend but this move above EMA 9 on a weekly time frame is the first sign that the potential end of a bear market is near.
For that, we need to make a higher high and stop making lower lows by breaking below through the support area.
That’s why it’s essential for the green area to hold; otherwise, we are off for another 30-40% drop towards next support (1500).
For that, we need to make a higher high and stop making lower lows by breaking below through the support area.
That’s why it’s essential for the green area to hold; otherwise, we are off for another 30-40% drop towards next support (1500).
Educational articles:
Why will 99% of Altcoins die?
Latest Coin Analysis:
ETH : https://news.1rj.ru/str/CryptoExpertSignals/4984
XRP: https://news.1rj.ru/str/CryptoExpertSignals/4985
BNB: https://news.1rj.ru/str/CryptoExpertSignals/4983
TEZOS: https://news.1rj.ru/str/CryptoExpertSignals/4982
BAT: https://news.1rj.ru/str/CryptoExpertSignals/4981
BTC: https://news.1rj.ru/str/CryptoExpertSignals/4977
LTC: https://news.1rj.ru/str/CryptoExpertSignals/4976
ETC: https://news.1rj.ru/str/CryptoExpertSignals/4988
ADA: https://news.1rj.ru/str/CryptoExpertSignals/4989
XLM: https://news.1rj.ru/str/CryptoExpertSignals/4993
MCO: https://news.1rj.ru/str/CryptoExpertSignals/4994
If you want me to analyse some coin, send your request to @CryptoSignalsAdmin
Why will 99% of Altcoins die?
Latest Coin Analysis:
ETH : https://news.1rj.ru/str/CryptoExpertSignals/4984
XRP: https://news.1rj.ru/str/CryptoExpertSignals/4985
BNB: https://news.1rj.ru/str/CryptoExpertSignals/4983
TEZOS: https://news.1rj.ru/str/CryptoExpertSignals/4982
BAT: https://news.1rj.ru/str/CryptoExpertSignals/4981
BTC: https://news.1rj.ru/str/CryptoExpertSignals/4977
LTC: https://news.1rj.ru/str/CryptoExpertSignals/4976
ETC: https://news.1rj.ru/str/CryptoExpertSignals/4988
ADA: https://news.1rj.ru/str/CryptoExpertSignals/4989
XLM: https://news.1rj.ru/str/CryptoExpertSignals/4993
MCO: https://news.1rj.ru/str/CryptoExpertSignals/4994
If you want me to analyse some coin, send your request to @CryptoSignalsAdmin